Asian Stocks Positive
Asian stocks opened on a three-week trading session on Tuesday as China’s trade talks between China and Beijing continued at the level of deputy trade ministers of the world’s largest economy, which was extended on Wednesday to enter its third day in a row amid optimism that dominated financial markets Opportunities avoid trade war and resolve trade disputes.
US trade delegation member Stephen Weinberg yesterday noted that the trade negotiations with China are going well, adding that the talks will continue for an additional day, following the report that the parties are not ready to conclude an agreement yet and that the talks Trade among them will resume later this month in the shadow of a search for a solution to existing trade disputes.
US Trade Secretary Wilbur Ross noted earlier this week that the United States and China are likely to reach a good settlement on the issues of direct trade, while agreeing on the structure and implementation of trade issues is difficult, adding that Beijing’s real problem lies in its promises to What has been agreed upon, adding that China is currently aware of the extent of its dependence on the United States of America.
On the other hand, Chinese Foreign Ministry spokesman Lu Kang said at a press conference held Tuesday in Beijing that Sino-US trade talks are still under way and that a detailed reading will be issued after completion, while no Details if the United States will issue a statement, the other is about the talks or not.
Japan’s Nikkei 225 index rose 1.30% to 262.92 points to reach the level of 20,466.96. The Nikkei Stock Average rose by 1.30% to close at 1,536.37.
Chinese equities are also up, with the CSI 300 rising 1.95% to 59.40 points and reaching 3,107.10. The Shanghai Composite Index rose 1.59% to 40.20 points to 2,566.66.
Hong Kong stocks rose 1.63% to 613.94 points, reaching 26,489.39. South Korea’s Kospi rose 1.89% to 38.36 points, up to 2,063.63.
To NZZ 50, which rose 1.22% to 107.61 points to reach 8,928.76. On the other hand, Australia’s S & P / ASX 200 index gained 0.92%, gaining 52.36 points and reaching 5,774.80.